Japan To Provide $1.3 Billion In Extra Aid To US Chipmaker Micron (japantimes.co.jp) 12
In a move to strengthen its chip supply chain, Japan announced it will provide up to $1.3 billion in additional subsidies for U.S. chipmaker Micron Technology's plant in Hiroshima Prefecture. The Japan Times reports: The move, which comes on top of the up to 46.5 billion yen aid announced earlier, adds to Japan's efforts to ensure a stable supply of chips at a time when rising tensions between the United States and China are increasingly posing a threat to its economic security. Micron has said it plans to invest up to 500 billion yen in Japan in the next few years and will become the first chipmaker to introduce extreme ultraviolet lithography machines -- state-of-the-art equipment for manufacturing advanced semiconductors -- in Japan. The company is slated to start mass production of next-generation 1-gamma dynamic random access memory chips in 2026.
Makes sense to do business with Japan (Score:1)
Still the second most powerful country in E/SE Asia, wealthy, well-educated, track record of designing and manufacturing high-end electronics.
Re: (Score:1)
> second most powerful country in E/SE Asia
North Korea still #1, hahaha.
So by your logic... (Score:1)
Re: (Score:2)
Hard to be great again, when you were never great to begin with.
Smart, but needs to go further (Score:3)
Even with the CHIPS act, if all America does is produce CPUs/RAM, well, CHina will just block imports. Pretty trivial for them to kill off businesses that depend on sales in China.
Re: Smart, but needs to go further (Score:2)
That's simply not true. People weren't looking all that hard in their own back yards, or seized production when China competed them out of the market.
Rare earths are found everywhere, the real difference is the kind of rocks they're inside of. These define how difficult (i.e. expensive) they are to extract.
Re: Smart, but needs to go further (Score:2)
Oops, "ceased" not "seized"... Non native speaker.
Semiconductor industry investors (Score:2)
The larger portion of that government money won't go to capex, but will be used to fund dividend streams and share buybacks. So the best investor strategy is to buy now and milk the stream until it's tapped out. Then sell everything before actual product margins collapse due to saturated supply markets.